Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 THOMAS CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £202,250 in August 2022, which was around 49% below the average August 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 THOMAS CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the four 5 THOMAS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2022 25 AUG | £202,250 | £399,666 | 49% below HPI |
2005 5 AUG | £145,000 | £250,596 | 42% below HPI |
2002 22 NOV | £82,000 | £173,655 | 53% below HPI |
2001 28 SEP | £64,000 | £145,702 | 56% below HPI |
The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The four 5 THOMAS CLOSE sales between September 2001 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2022 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
5 THOMAS CLOSE is 77m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 5 THOMAS CLOSE lies on this distribution: 12% of detached houses are smaller than 5 THOMAS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chester.
5 THOMAS CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 5 THOMAS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 THOMAS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
5 THOMAS CLOSE is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 5 on THOMAS CLOSE.